十月稻田集团股份有限公司Shiyue Daotian Group Co., Ltd.09676.HK
稻谷等原材料价格波动且未进行对冲
We had raw materials costs of RMB1,590.1 million, RMB2,453.0 million, RMB2,973.1 million and RMB712.5 million in 2020, 2021, 2022 and the three months ended March 31, 2023, respectively, accounting for 82.7%, 80.1%, 79.2% and 78.7% of our total cost of sales.
Financial Information · 第 280 页
We do not engage in hedging activities related to the risk exposures in connection with the price of our raw materials, and we may face price fluctuations.
Business · 第 196 页
We have not received any official notification from suppliers that they had encountered difficulties in fulfilling their obligation to provide raw materials to us under existing contracts; however, we expect that some of our upstream suppliers in or around Wuchang City may be impacted, which could result in potential decrease in paddy supply and relatedly increase in paddy price in the harvest season in 2023 and thereby lead to negative impact on our cost of raw materials and financial performance.
For the years ended 31 December 2020, 2021 and 2022 and the four months ended 30 April 2022 and 2023, our procurement cost for the relevant hardware and software accounted for 84.0%, 73.9%, 89.5%, 86.4% and 94.5% of our cost of sales respectively.
Financial Information · 第 297 页
For prudence sake and taking into account the historical fluctuation on the same during the Track Record Period for our Group, we adopted a hypothetical fluctuations 5% and 10% for procurement cost of the relevant hardware and software in performing the below sensitivity analysis.
Financial Information · 第 298 页
Any unexpected increases in market prices of the hardware and software may have a material and adverse effect on our business, results of operations and financial condition if we are unable to transfer the increased procurement cost to our customers.
Since we commenced self-operated cross-border seaborne transportation in 2021, we incurred bunker costs of RMB162.4 million and RMB392.8 million for the years ended December 31, 2021 and 2022, respectively, representing approximately 4.3% and 9.7% of our cost of sales for the corresponding periods, respectively.
Financial Information · 第 345 页
The increase in our bunker costs from 2021 to 2022 was attributable to an increase in global fuel prices in 2022, which contributed to the decrease in the gross profit margin of our self-operated cross-border seaborne transportation from 19.1% in 2021 to 14.1% in 2022.
Financial Information · 第 345 页
We compare prices of fuel among available options and select a suitable port for vessel bunkering.
Our cost of raw materials and components are subject to industrywide commodity pricing. In particular we have experienced increased cost of chips historically in line with industry price fluctuations.
Business · 第 188 页
We aim to maintain a steady supply of necessary components or raw materials at reasonable prices by expanding our supply channels, developing longterm relationship with major suppliers, and increasing our inventory to meet the needs of our production.
Since we cannot automatically nor necessarily proportionally transfer any increased heat procurement cost in its entirety to our heat service customers, if heat procurement price increases significantly, our profitability is likely to be affected.
Financial Information · 第 459 页
Since we may not necessarily be able to transfer all of the increased coal procurement cost to our heat service customers, if coal price increases, our profitability may be affected.
宏信建设发展有限公司Horizon Construction Development Limited09930.HK
钢材等原材料价格上涨风险及应对
In relation to any risks of increasing prices in raw materials, in particular, steel products, we believe that the following will help us mitigate such risks or navigate through the changes in the market due to such risks:
Business · 第 264 页
Our equipment assets were not greatly affected by the rise in the price of raw materials.
Business · 第 265 页
We have a predominant position in the negotiation process of equipment asset procurement, and the actual procurement cost has been declining year by year.
怡俊集团控股有限公司Easy Smart Group Holdings Limited02442.HK
材料成本敏感性分析及成本转嫁
The following sensitivity analysis illustrates the impact of hypothetical fluctuations of subcontracting fees and direct labour costs, and costs of materials (being the major components of our costs of services) on our profit before tax during the Track Record Period.
Financial Information · 第 262 页
Given that our executive Directors consider various factors, including but not limited to the future price trends of materials and services when estimating costs and preparing our tender proposals, our executive Directors believe we can generally pass on increases in costs to our customers.
中宝新材集团有限公司China Treasures New Materials Group Ltd.02439.HK
原材料成本占销售成本78.4%至88.5%
In FY2019, FY2020, FY2021, 9M2021 and 9M2022, the cost of raw materials accounted for approximately 78.4%, 85.6%, 87.2%, 88.5% and 86.4%, respectively, of our total cost of sales.
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The prices and availability of these major raw materials are sensitive to transport disruptions, government policies, general economic conditions, and many other factors that are beyond our control.
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Moreover, for the raw materials to be purchased from new supplier for the first time, or the raw materials that are expected to have material price fluctuation from time to time, our procurement team would request price quotations from alternative suppliers from our list of qualified suppliers to obtain the best price for such raw materials.
Moreover, the rebate rates granted by media publishers (or their resellers or agents) will affect our Net Rebate Rates, which may affect our results of operations of standardized digital marketing business.
Financial Information · 第 292 页
For the years ended December 31, 2019, 2020 and 2021 and the nine months ended September 30, 2021 and 2022, our Net Rebate Rate, being the difference between our Average Rebate Rate and Average Incentive Rate for the relevant year or period, was 1.5%, 1.4%, 1.2%, 1.2% and 1.6%, respectively.
Business · 第 179 页
Our Average Rebate Rate remained relatively stable during the Track Record Period.
中天建设（湖南）集团有限公司Zhongtian Construction (Hunan) Group Limited02433.HK
原材料成本占销售成本约40%至49%
For each of FY2019, FY2020, FY2021 and 3Q2022, our cost of raw materials amounted to approximately RMB796.4 million, RMB687.7 million, RMB642.7 million and RMB531.6 million, respectively, representing 48.6%, 43.5%, 39.5% and 43.7% of our total cost of sales, respectively.
Business · 第 273 页
In order to control our price risk, fixed-unit-price contracts, where the total price is adjustable, are preferred.
During the Track Record Period, prices of certain goods, such as beef, have increased, and are expected to continue to grow at a moderate rate in the future.
Business · 第 196 页
Our raw materials and consumables cost, of which a significant portion is the cost of meat products, dairy products and sauces, represented 28.1%, 26.4% and 27.2% of our revenue in 2020, 2021 and 2022, respectively, representing a relatively flat trend.
洲际船务集团控股有限公司Seacon Shipping Group Holdings Limited02409.HK
租金及燃油价格波动影响业绩并附敏感性分析
As a significant portion of our shipping capacity is derived from chartered-in vessels which we chartered in from vessel suppliers, we are therefore exposed to the cyclicality and volatility of the BDI.
Financial Information · 第 414 页
Owing to the susceptibility of our charter hire cost to market charter rates, the following sensitivity analysis illustrates the impact of hypothetical fluctuations in charter hire cost on net profit before tax during the Track Record Period, assuming all other factors were to remain unchanged and the charter rate charged by our chartered-in vessels would fluctuate to the same extent.
Financial Information · 第 415 页
We currently have not entered into agreements to hedge fluctuation in the price of bunker.